Truist opens season for brokers with modest organic growth uptick
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Truist opens season for brokers with modest organic growth uptick

Farhin Lilywala
July 19, 2022
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Truist Insurance posted organic growth for the quarter of 7.7%, ticking up modestly from 7.2% from Q1, as the broker provided an early riposte to those forecasting a rapid end to the brokerage super-cycle.

The Q2 investor presentation also stated that the company is recording consistent P&C price increases, comparable to 2021. It also showed adjusted Ebitda margins narrowing by 200bps, which it attributed to the business mix in the quarter and mounting...

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Farhin Lilywala
Section Editor, Distribution & Specialty
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